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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comIndian Renewable Energy Development Agency Ltd is a Government of India–owned financial institution focused exclusively on financing renewable energy and energy efficiency projects. As India aggressively moves toward its clean energy and net-zero targets, IREDA has emerged as a key enabler by providing long-term funding to solar, wind, hydro, bioenergy, EV, and emerging green technologies.
With strong policy backing, a rapidly expanding loan book, and growing investor interest, IREDA is widely tracked by long-term investors. In this article, we analyze IREDA Share Price Target from 2026 to 2030 based on current market data, fundamentals, shareholding pattern, and India’s renewable energy growth outlook.
| Detail | Value |
|---|---|
| Open | ₹129.94 |
| Previous Close | ₹129.94 |
| Day’s High | ₹131.10 |
| Day’s Low | ₹127.02 |
| VWAP | ₹128.98 |
| 52-Week High | ₹208.90 |
| 52-Week Low | ₹127.02 |
| All-Time High | ₹310.00 |
| All-Time Low | ₹50.00 |
| Market Capitalization | ₹36,095 Cr |
| Volume | 93,91,947 |
| Value (Lacs) | 12,067.71 |
| 20D Avg Volume | 1,87,72,180 |
| 20D Avg Delivery (%) | 18.75% |
| Face Value | ₹10 |
| Book Value Per Share | ₹46.00 |
| UC Limit | ₹142.93 |
| LC Limit | ₹116.95 |
| Beta | 1.89 |
IREDA operates as a specialized NBFC under the Ministry of New and Renewable Energy (MNRE). Its primary role is to finance projects that support India’s renewable energy transition.
The company provides funding for:
Solar, wind, hydro, and biomass projects
Energy storage and energy efficiency initiatives
Electric vehicle and charging infrastructure
Green hydrogen and emerging clean technologies
With India targeting massive renewable capacity additions over the next decade, IREDA’s role is becoming increasingly strategic.
Strong Government of India backing
Direct beneficiary of renewable energy policy push
Expanding and diversified loan book
Structural demand driven by energy transition
PSU stability with long-term visibility
IREDA has seen significant investor interest since listing, supported by strong loan growth and renewable sector momentum. While the stock has experienced volatility after sharp rallies, its long-term performance remains closely linked to renewable capacity additions, asset quality, and funding costs.
| Investor Type | Holding (%) |
|---|---|
| Promoters (Government of India) | 71.76% |
| Retail and Others | 23.67% |
| Other Domestic Institutions | 2.39% |
| Foreign Institutions | 2.07% |
| Mutual Funds | 0.12% |
High promoter holding ensures policy and capital support, while increasing retail participation reflects strong public confidence in the renewable theme.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 170 | 200 |
| 2027 | 210 | 250 |
| 2028 | 260 | 310 |
| 2029 | 320 | 380 |
| 2030 | 400 | 480 |
These targets are based on expected loan book expansion, renewable energy investments, margin stability, and continued government support.
By 2026, IREDA is likely to benefit from sustained growth in solar and wind project financing.
Growth Drivers:
Increasing renewable capacity additions
Stable access to low-cost funding
Improved scale efficiency
Investment View: Suitable for medium-term investors seeking exposure to green finance.
In 2027, diversification into green hydrogen, storage, and EV-related financing could support valuation expansion.
Growth Drivers:
Expansion into new renewable segments
Higher disbursements and interest income
Improved return ratios
Investment View: Attractive for long-term investors aligned with sustainability themes.
By 2028, IREDA may emerge as a mature renewable-focused NBFC with stronger earnings visibility.
Growth Drivers:
Stable asset quality
Long-term renewable project contracts
Predictable cash flows
Investment View: Good for investors seeking steady compounding.
As India’s clean energy ecosystem matures, IREDA could see consistent and lower-risk growth.
Growth Drivers:
Financing of large national renewable projects
Growth in energy storage and EV infrastructure
Stable margins
Investment View: Favors investors looking for steady long-term appreciation.
By 2030, IREDA could become a cornerstone institution in India’s renewable finance ecosystem.
Growth Drivers:
Strong alignment with India’s net-zero goals
Long-term demand for green financing
PSU-backed stability and scale
Investment View: Ideal for long-term investors targeting India’s clean energy transition.
IREDA offers a unique way to participate in India’s renewable growth story through financing rather than project execution. Its PSU status, policy support, and sector-specific focus provide long-term visibility, though volatility should be expected due to its high beta.
Structural growth in renewable energy financing
Strong government and policy backing
Expanding loan book aligned with national goals
Direct exposure to India’s energy transition
Asset quality risks from stressed projects
Interest rate and funding cost fluctuations
Valuation volatility after strong rallies
Execution risks in emerging green technologies
Indian Renewable Energy Development Agency Ltd stands at the heart of India’s renewable energy financing ecosystem. While short-term price movements may remain volatile, the long-term outlook is supported by strong policy backing and structural demand. Based on current fundamentals and sector trends, IREDA share price is projected to range between ₹400 and ₹480 by 2030. For investors seeking long-term exposure to India’s green energy transition with PSU stability, IREDA remains a compelling option.
1. What is the current share price of IREDA?
It is around the levels mentioned in the latest market data table and fluctuates daily.
2. What is the expected IREDA share price target for 2026?
The projected range is ₹170 to ₹200.
3. Is IREDA a good long-term investment?
It can be suitable for long-term investors seeking exposure to renewable energy financing.
4. What is the IREDA share price target for 2030?
The estimated range for 2030 is ₹400 to ₹480.
5. What factors influence IREDA share price the most?
Renewable capacity additions, loan book growth, asset quality, government policy, and overall market sentiment.
Disclaimer: This article is for educational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.
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